STC and Vodafone agreement for $2.4bn Egypt stake sale lapses without a deal

  • Date: 13-Sep-2020
  • Source: The National
  • Sector:Economy
  • Country:Egypt
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STC and Vodafone agreement for $2.4bn Egypt stake sale lapses without a deal

Saudi Telecom Company, the biggest telecommunications operator in the country by market value, said it could not reach an agreement on a $2.4 billion (Dh8.8bn) deal to buy a 55 per cent stake in